“Over the past five years, our sustainable and integrated business model has fostered the creation of value in the context of the energy transition”, CEO Francesco Starace said last December at the Capital Markets Days 2019, during which he pointed out the model that, since 2014, is at the basis of Enel’s growth: sustainability is value. The Group’s commitment in this area is internationally recognised, as evidenced by its recent inclusion for the first time in the MSCI ESG Leaders Indexes. This major milestone follows the annual review of the sustainability indexes carried out by MSCI, the leading Environmental, Social and Governance (ESG) research and index provider. These indexes – which are designed for institutional investors who wish to integrate ESG factors into investment decision processes – use a best-in-class approach by selecting only the companies with the highest MSCI ESG ratings, which measure a company’s resilience to long-term, financially-relevant ESG risks. Last year, Enel received for the first time the highest MSCI ESG rating (“AAA”), which prepared the way for the Group’s inclusion this year in the MSCI ESG Leaders Indexes.
Being included in these renowned indexes is further confirmation that sustainability is an integral part of our business model: it drives our actions towards the creation of shared value for all stakeholders
Francesco Starace, Enel CEO
In addition to its continued investments in renewables, Enel was also recognised for its strong commitment to reducing CO2 emissions, in line with the Paris Agreement: the Group’s ambitious goal is a 70% reduction in its direct greenhouse gas emissions per kWh by 2030, compared to 2017 levels.
“All of our operations and investment decisions are guided by the United Nations’ Sustainable Development Goals, with a particular focus on emission-free generation and highly efficient energy solutions, which promote cleaner and more sustainable energy models”, explained Francesco Starace, who also pointed out that, following the review of the first half of 2020, Enel has been confirmed in the FTSE4Good Index series and the Euronext Vigeo-Eiris 120, both at global (World index) and regional (Europe and Eurozone indexes) level. These prestigious indexes attest to Enel’s outstanding performance in implementing responsible business practices within the entire value chain, in the environmental field as well as in corporate governance, business ethics, human rights, people management and local communities’ engagement, among others.
Enel editorial staff